Edison International Breaks Above 200-Day Moving Average - Bullish for EIX

In trading on Wednesday, shares of Edison International (EIX) crossed above their 200 day moving average of $47.77, changing hands as high as $48.02 per share. Edison International shares are currently trading up about 0.3% on the day. The chart below shows the one year performance of EIX shares, versus its 200 day moving average:

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Edison International 200 Day Moving Average Chart

Looking at the chart above, EIX's low point in its 52 week range is $44.26 per share, with $54.19 as the 52 week high point — that compares with a last trade of $47.86.

According to the ETF Finder at ETF Channel, EIX makes up 4.28% of the First Trust Utilities AlphaDEX Fund ETF ( FXU) which is trading higher by about 0.2% on the day Wednesday.

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